Accounting Degrees in Utah
Utah’s economy is extremely diverse, encompassing industries such as agriculture, manufacturing, mining, petroleum production, finance, and tourism. The state is also home to a booming information technology industry that has helped fuel economic growth. Utah’s accommodating tax structure, affordable real estate, and educated population have all contributed to its strong economy and business climate: a 2016 CNBC ranking deems Utah the country’s “Top State for Business.” Unsurprisingly, the state’s strong economy has created a massive demand for CPAs and other finance professionals, and the Bureau of Labor Statistics projects jobs for accountants and auditors in Utah to grow 38% through 2024—more than any other U.S. state. Utah’s more than 10,000 CPAs have plenty of options, including offices for each of the “Big Four” finance firms along with major regional firms like Tanner, Squire & Co., and Haynie & Co.
Utah at a glance
|Per Capita Income||$24,877|
|Fortune 500 Companies||0|
|Licensed CPA Firms||512|
Accounting Programs in Utah
Search our comprehensive school directory to explore the accounting programs in Utah, including campus-based, online and hybrid programs.
- Degree Levels
Accounting Salaries and Employment
Thanks rapid economic growth, the number of positions available to accountants and auditors in Utah is expected to climb an impressive 28.4% between 2012-2022. This rate is more than twice the 13.1% growth rate predicted nationwide. The average yearly salary for accountants and auditors in this state is $68,780, somewhat below the $73,670 average reported nationally. Still, accountants out-earn the average salary of workers statewide by more than $25,000 per year.
Projected Job Growth for Accountants
Accounting Salaries by Specialty
Associate Degree Recommended
Bookkeeping and Auditing Clerks
Bachelor's Degree Recommended
Tax Examiners and Collectors
Master's Degree Recommended
Accountants and Auditors
Personal Financial Advisors
Top-paying cities for accountants
- Ogden-Clearfield, UT$70,630
- Salt Lake City, UT$70,480
- Provo-Orem, UT$66,160
- Logan, UT-ID$61,570
- St. George, UT$56,880
Major firms headquartered in Utah
|Count||Firm||Location||2014 Revenue (in millions)|
|1||Tanner||Salt Lake City, UT||$17|
|2||Squire & Co.||Orem, UT||$15|
|3||Haynie & Co.||Salt Lake City, UT||$10|
|4||HintonBurdick||St. George, UT||$10|
|5||Mantyla McReynolds||Salt Lake City, UT||$8|
Accounting Today named these firms among the highest performing in a multi-state region. Rankings as based upon reported net revenues from 2014. Source: Accounting Today, "Top 100 Firms and Regional Leaders"
Becoming a certified public accountant (CPA) in Utah
To earn licensure in Utah, candidates must pass the Uniform CPA Exam which is administered by the National Association of State Boards of Accountancy (NASBA). They must also meet the following requirements:
- Complete 150 credit hours of post secondary education
- 24 credit hours of upper level accounting courses
- 15 credit hours of graduate level accounting courses
- A bachelor’s degree or higher from an accredited college or university
Utah offers a pre-evaluation service through the NASBA to assist candidates in identifying academic shortcomings before an application is submitted.
Utah participates in CPA mobility which enables CPAs with active licenses in other states to transfer their license to Utah.
Eligibility for CPA Licensure in Utah
Unlike many states, candidates for licensure as CPAs in Utah must be legal permanent residents of the United States with a valid social security number. Additional requirements fall mostly in line with NASBA’s guidelines.
Applicants who do not successfully complete all four sections of the CPA exam in the first sitting may apply for re-examination of one or more sections within 18 months of the date of their initial attempt. Incomplete sections of the exam may be taken one at a time or in combination. Registration fees for retakes are based on the number of sections to be retaken:
- 1 section: $65
- 2 sections: $80
- 3 sections: $95
- 4 sections: $110
|Social Security # Requirement||Yes|
|Education Requirement for Licensure||150 hours (including bachelor's degree)|
|Participates in International Programs||Yes|
|Hours in Accounting||Graduate degree: 24 semester hours or equivalent quarter hours in upper division accounting courses and 15 semester hours or equivalent quarter hours in graduate level accounting courses which must cover financial accounting, auditing, taxation and management accounting or combination of both. Bachelor's degree: 30 semester hours or equivalent quarter hours which includes 16 hours in upper division accounting courses and 8 hours in graduate level accounting courses which must cover financial accounting, auditing, taxation and management accounting.|
|Exam Sitting Requirements||150 hours (must complete education requirement prior to sitting for exam)|
|Experience Requirements||1 year experience applying accounting and auditing skills and principles that are taught as part of the professional education|
|Ethics Exam||Must pass AICPA Professional Ethics Exam for initial licensure|
The rules and regulations that govern CPA licensing in Utah are administered by the Utah Division of Occupational and Professional Licensing. Regulations regarding licensing of CPAs are contained in the Certified Public Accounting Licensing Act.Source: The American Institute of CPAs
CPA exam fees in Utah
- Application Fee $145
- Auditing & Attestation $208
- Financial Accounting & Reporting $208
- Regulation $208
- Business Environment & Concepts $208
Certifying and Professional Organizations
The Utah Division of Occupational and Professional Licensing Board of Accountancy is responsible for the licensure, regulation and maintenance of professional standards for all certified accountants in the state.
The Utah Association of Certified Public Accountants serves as a professional membership organization for CPAs and provides members support through continuing education opportunities, leadership development and professional advocacy.
Utah Board of Accountancy
160 East 300 South
Salt Lake City, UT 84111